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A demonstration project led by Artemis Technologies, a leading developer of clean maritime technologies, in partnership with Vattenfall, Tidal Transit, Lloyd’s Register and the Offshore Renewable Energy (ORE) Catapult, has successfully completed a technical demonstration of a dual propulsion, 100% electric Artemis EF-12 Crew Transfer Vessel (CTV) at Aberdeen Offshore Wind Farm on the east coast of Scotland. The demonstration marks a… Read More
Virginia’s massive wind farm is still under construction, despite the federal rollback on green energy programs. The future is still blowing in the wind off of Virginia Beach, where Dominion Energy is building a massive wind farm that will power more than 600,000 homes at peak output. The budget reconciliation package recently passed by Congress… Read More
Ørsted has reached financial close on a project finance package with 25 banks and 5 Export Credit Agencies (ECAs) to raise approximately TWD 90 billion (about DKK 20 billion) for the 632 MW offshore wind farm Greater Changhua 2. This is part of the financing structure for the project, on which Ørsted simultaneously is progressing… Read More
Global offshore wind project cancellations, suspensions and delays have reached 300 GW, according to new data from Maritime Strategies International. The figures reflect mounting challenges across the USA and Europe, where political and economic factors are undermining planned developments. In the USA, the sector has been particularly hard hit. The federal government’s decision to temporarily… Read More
The state’s offshore wind power aspirations were set even further back late last month with a six-month delay in the process of finalizing new projects, a slowdown that comes as the governor and elected officials on Beacon Hill are in agreement that Massachusetts needs more energy, really no matter what kind. Nearly a decade after… Read More
The recent wave of distressed offshore wind projects is not a symptom of clean energy market weakness, but a reflection of a delivery model that no longer fits the scale or complexity of demands. Current projects are being developed under legacy utility-era assumptions: rigid contracts, siloed procurement, narrow risk-sharing and fragmented infrastructure. The U.S. offshore… Read More
Canada’s first offshore wind project has taken a major step toward becoming a reality with the issuing of a key permit. Oceanic Wind Energy and Coast Tsimshian Enterprises are working together to develop a 600 to 700MW farm in the Hecate Strait, located just west of Stephens Island on the country’s west coast. The partners… Read More
President tells Treasury to ‘strictly enforce’ rules in Big Beautiful Bill and look out for ‘manipulation’ Donald Trump turned the screw further on wind power with a new executive order issued yesterday. The US president orders the Department of Treasury to “strictly enforce” the phase-out of federal incentives for wind and solar contained in the… Read More
Allocating just 1 per cent of the global offshore wind investments from now until 2050, which are projected to be USD 6 trillion (approximately EUR 5.1 trillion), to marine conservation and restoration could restore millions of square kilometres of marine ecosystems, a new international study has found. The scientists who conducted the study have urged… Read More
A new study has found that dedicating just 1% of the global offshore wind investments from now until 2050 could fund the restoration of millions of square kilometres of marine ecosystems, including coral reefs, mangroves, and oyster reefs. Offshore wind farms not only deliver clean energy but can also play a vital role in restoring vulnerable… Read More
Mammoet has signed a support agreement for TenneT’s 2GW program; one that will see it support Heerema Marine Contractors (Heerema) with the offshore installation of two giant topsides for the 2 GW Program. Mammoet will help to prepare them for floatover operations by skidding the topsides from HTV to the newly-built Heerema H731 barge, using… Read More
This week, DEME celebrated the successful launch of its second wind turbine installation vessel (WTIV), Norse Energi, at the Yantai CIMC Raffles Offshore Ltd. This marks a major step forward as the vessel enters its final construction phase. Designed by GustoMSC, Norse Energi – like its sister vessel Norse Wind – is engineered to install… Read More
EDF, the French state-owned utility giant, has faced significant setbacks in its offshore wind projects, raising critical questions about investment risks and opportunities in the renewable energy sector. The delays, particularly at its Courseulles-sur-Mer and Atlantic Shores projects, highlight systemic challenges—from construction hurdles to regulatory uncertainty—that could reshape how investors approach this booming industry. The… Read More
UK Energy Secretary Ed Miliband has officially given the green light to BP and EnBW’s Mona offshore wind project, a significant 1.5 gigawatt development set to rise off the northwest coast of England. This marks an important milestone; it’s the first project from the UK’s Round 4 leasing process to secure planning consent. The Mona… Read More
In short: An onshore wind developer has warned its project may not be running by the time coal power stations close, due to a lack of transmission and a “marathon” approval process. Wind around inland communities will be “critical” in helping keep the lights on when coal is wound back. What’s next? The WA government… Read More